Late last year, analysts were betting on a break from the hot housing market, which had begun to breed concerns of instability. How long could prices really run up?
The Housing Market is Stronger than Analysts Thought
- By Jim Lowenstern
- Posted
Late last year, analysts were betting on a break from the hot housing market, which had begun to breed concerns of instability. How long could prices really run up?

New-home sales rose 4.5 percent from February to March and are up 3 percent year-over-year to a seasonally adjusted rate of 692,000, according to data from the U.S. Census Bureau and Housing and Urban Development.
Nationwide, 344,000 new homes were listed for sale, a modest rise from 336,000 in February. The median sales price of a new home was [...]
Two weeks of rising rates are taking their toll on homeowners hoping to refinance, but homebuyers are not pulling back.
Mortgage applications to purchase a home rose 1% last week from the previous week and were 7% higher than a year ago. Purchase applications reached their highest level since April [...]
Scotland’s luxury housing market continues to thrive, outperforming much of the rest of the U.K. as Brexit fuels uncertainty and dampens home sales in much of England and Wales, according to a report from real estate firm Knight Frank on [...]
Thinking of getting into luxury real estate, but not sure if now is the right time for you to specialize? Believe it or not, there are a lot of good reasons why you might want to become a luxury real estate agent right now. If this niche has been on your mind, you might want to seriously consider moving forward with that goal sooner rather [...]
When most Americans think of luxury real estate, Boston might not be the first city that comes to mind. Maybe that should change, given the city’s remarkable economic growth in recent years that has kept it comfortably within the ranks of top-tier markets for first-class real estate and investment [...]

In September of last year, restless renovators and house-flippers Ellen DeGeneres and Portia de Rossi picked up this Hollywood-pedigreed home in Beverly Hills for $15 million. They only held onto it for the winter before listing it with an asking price of $18 [...]
Real estate as an asset class appears to be heading into the end of a cycle that began with the era of low interest rates a decade ago. Luxury markets in the top investment cities across the country are either in a pricing correction already or expected to cool significantly in 2019. But my hometown of Boston is very different. Despite its [...]

We are happy to announce that Esin Susol, a Certified Buyer Representative (CBR) and specialist in marketing luxury homes and estate properties, has joined the Castles Unlimited team.
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A Boston condo that reportedly belongs to the New England Patriots tight end went on sale last week, according to Boston Magazine’s Spencer Buell. The 2,100-square-foot penthouse is located in Boston’s Seaport district and will cost the buyer just under $2.4 million. It boasts a number of expensive amenities, and it’s sure to attract quite a [...]

It might surprise you that the richest people in real estate aren’t New Yorkers. But, if upon reading the first sentence of this blog you immediately thought of Asia, you would be [...]

New Single-Family Listing in Sturbridge, MA

The cost of property in London’s most expensive neighborhoods tumbled in 2018, with buyers using the U.S. dollar making the largest savings. Analysis of three prime property areas in the city suggested that sold house prices at the top end of the London market averaged around 6 percent less in 2018 from the year [...]

The life sciences industry is taking off, with the medical technology and biotech sectors expected to grow further as traditional pharmaceutical companies are joined by startups and incubator labs driving new research and development. And with life sciences innovation rising, so is demand for the space in which to innovate. “Real estate is [...]